overview of lbs for the enterprise
DESCRIPTION
Rip Gerber, President & CEO of LOC-AID, the world’s first and largest LaaS (Location-as-a-Service) provider, presented an overview of LBS for the Enterprise and discussed the demand drivers behind it. The LOC-AID presentation was at the Florida Venture Capital Conference which showcased companies that are capable of producing high rates of return for their investors.TRANSCRIPT
LOC-AID Technologies
Location Matters™
Florida Venture ForumFebruary 2011
Any device, any network, any location need
LOC-AIDLOCATES
100% OFNETWORK
EVERY MOBILEDEVICE
LOC-AID has built the largest global
carrier footprint for location data
access.
LOC-AID can locate over 500 million
devices.No GPS chip* needed.
No app download.No user action.
LOC-AID can reach 100% of network.
For any mobile application.
LOC-AID works everywhere.
Indoors or outdoors.GPS or CELL-ID.
High accuracy or Instant Locate
On any platform –2G, 3G and 4G.
FOR ANY LOCATION
The world’s largest location gateway for enterprise LBS
* Over 80% of wireless devices are not “smart.”2
Why LOC-AID matters
Disruptive technology
Tollbooth for enterprise LBS
$150M LBS enabler
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How Do You Own Mobile Location?
1. Lock up Supply-SideBuild an inter-carrier gateway
2. Lead on Demand-SideFocus on enterprise apps
3. Drive Volume, Value & Voice Lead on Privacy and Location Service
4
Phase 1: Build the platform in Miami
LOC-AID’s platform is hosted in
Miami, a Tier-IV facility with N+2
power and cooling infrastructure
with Terremark
Miami has been ranked as one of
the top-five best interconnected
cities in the world (ahead of San
Francisco)
LOC-AID selected Miami for its
numerous telecommunications
carrier facilities, fiber loops,
international cable landings and
multiple power grids.
Phase 1: Lock up network supply
20112005-2008 2009 2010
7 14 62 120 120 120 212 302 344 400 407 527
31% 63% 18% 72% 83% 98% 96% 100%
Total Locatable Subs (MM)
Markets
Cum. % of market
48M
7M
7M
58M
92M
90M
34M
8M
US: 14M
Int’l: 42M
7M
120M
6
Commercially Available
Connection Underway
MOU/Contract
Phase 1: Build an inter-carrier gateway
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LOC-AID Xchange Gateway
Technology Investment • $10M dollars and 180 man-years in R&D, development and engineering
Stability • Two redundant systems• Hosted in Tier IV data center• 99.99% uptime• Real-time alerting to operations team
Scalability • Standard platforms and open standards• Virtualization and load balancing built in• Low-cost platform and business model• Increasing volumes drive operating efficiencies
Security • Extensive privacy framework already built• Passed “blind” carrier audit in Q1 2010
Intellectual Property • One patent issued, four pending
Phase 1: Achieve cost advantage
8
App-Based
Platform-specific App
Accuracy
Adoption Hurdle
US Addressable Subs
Phase 1: Locate any device
Speed
Network-Based
9
Indoor Coverage
Downtown Coverage
Battery Drain
NONE: ALL DEVICES
5 – 500m
NO DOWNLOAD
290 M
0-6 Sec
YES
Ubiquitous
NONE
iPhone, Android, BB, Win, Symbian
5 – 100m
App Install, User Action
50 M
15-35 Sec
NO
Spotty
Severe
How Do You Own Mobile Location?
1. Lock up Supply-SideBuild an inter-carrier gateway
2. Lead on Demand-SideFocus on enterprise apps
3. Drive Volume, Value & Voice Lead on Privacy and Location Service
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Single API accesses any mobile
device on any carrier network
One price per locate
One contract
One point-of-contact
Developer certification and app on-boarding
Privacy management per CTIA Guidelines
4Copyright © 2009, LOC-AID Corporation. Confidential - do not copy or distribute
Phase 2: Make it easy for developers
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12 Copyright © 2010, LOC-AID Technologies. Patents pending, all rights reserved. Confidential - Do Not Copy or Distribute
Phase 2: Simplify the demo
New business models
Cost Savings
Revenue and
customer growth
Mobile fraud management
Authentication and verification
Resource tracking
Monitoring “presence”
Employee monitoring
Asset tracking
M2M
Proximity mobile marketing
Mobile analytics
Consumer geo-service
Hyper-local search
Privacy management
Source: Merrill Lynch, Frost & Sullivan, Berg Insight and LOC-AID analysis; April 2010.
Value of a location look-up
0 1 2 3 4 5
Social networks
Gaming
Consumer Apps
Geoservices
Mobile Mktg
Tracking
Analytics
Verification
Authentication
Fraud Prevention
Market value per ping
Phase 2: Focus on enterprise LBS
Demand drivers of Enterprise LBS.
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Phase 2: Build Pipeline
2009 2010 2011
As of Q4 2010
Cloaked. Because we don’t know all of you (yet).
How Do You Own Mobile Location?
1. Lock up Supply-SideBuild an inter-carrier gateway
2. Lead on Demand-SideFocus on enterprise apps
3. Drive Volume, Value & Voice Lead on Privacy and Location Service
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Connect to Carrier Networks Build Customers and Drive Traffic Add Features and Grow Profits
Phase 3: Beyond gateway services
CARRIERS ENTERPRISE CONSUMERS
FocusBuild PlatformLock Up SupplyIntegrate billing
Increase app valueMobile ROI/CRM
“Presence” disruption
Privacy managementLBS-centricity
Tracking Data Mining
Monetize capacityOn-ramp apps
Counter Google/Apple
FocusDifferentiationNew LBS Tools
Pricing Advantage
FocusUniversal access
Data monetizationMarket insight
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Carriers
$12bn
ProcessServicesSystem
Phase 3: Gateway + privacy = ∑insight
Enterprise
$12bn
Access Control Insight
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DAVID ALLENTechnology
• Original team, location standard, Qualcomm
• Director-Location Products: SnapTrack (Qualcomm acquired for $1B)
• Director, Samsung, Motorola
• BS Eng, Purdue; MBA, Illinois
• 23 years experience
TOM STAHLChief Operating Officer
• COO: Telephia (Nielsen acquired for $440M)
• Wireless ops exec at Bell South
• Systems analyst: Mitre
• Fluent in Mandarin
• BS Eng, Duke; MBA, Haas
• 22 years experience
RIP GERBERPresident & CEO
• EVP/CMO: Intellisync (Nokia acquired for $510M)
• CMO/CSO: Commtouch, (IPO)
• Senior mgmt roles at Digitas, Deloitte, American Express
• Process engineer: Firestone
• BS Eng, Virginia; MBA, Harvard
• 23 years experience
Experienced wireless team in place
RON ZARAGOZASales
• Head of Business Mobility: Nokia (to AT&T, VZW, Cisco)
• Int’l Sales Director: Tellabs (EMEA & LA)
• Midwest Branch Sales Manager: Lucent
• BS Acctg., Western Illinois
• 22 years experience
SHAULI CHAUDHURIMarketing
• VP, Global Marketing: Phoenix Technology (PTEC)
• Director, Software Marketing for Nokia Enterprise Mobility
• Director Mktg.: Intellisync, Mitek
• MA, Ohio State Univ., MBA, San Jose State
• 18 years experience
JEFF ALLYNProduct Mgmt.
• Product head for VZNavigator
• Product head VZW Network-Initiated APIs
• Product leadership –maintained and grew multi-billion dollar portfolio
• 15 years experience
NAOMI MORITADevelopment
• VP Service Delivery, iLoop Mobile
• Product Manager for Family Minder (Autodesk)
• IVR Dev for TellMe, acquired by Microsoft
• BS IEOR Berkeley, MS Applied Math Santa Clara
• 18 years experience
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Backed by leading venture capital and private equity
Intersouth Partners is one of the most active and experienced venture capital firms in the Southeast, having invested in more than 100 private companies. Founded in 1985, Intersouth manages $780 million in seven venture capital limited partnerships, making it the largest venture capital fund in North Carolina and one of the largest in the Southeast. John Glushik, General Partner, is a director on the LOC-AID board.
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H.I.G. Growth Partners is the dedicated growth capital investment affiliate of H.I.G. Capital, a leading global private equity investment firm with over $8.5 billion of capital under management, with over 250 investments across a wide range of industries and transactional dynamics. John Kim, Managing Director, is a director on the LOC-AID board.
Hamilton Lane provides private equity asset management services with over $107 billion in total assets under management and supervision, including over $15 billion for managed accounts and $49 billion in commitments to non-U.S. funds, principally in Western Europe and the Asia Pacific region. Greg Baty, Vice President, is a board observer for LOC-AID.
Unfair Advantages
Lowest cost operating platform
Largest gateway globally
Distribution strategy lock-up
Pricing and “margin lock”
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Why LOC-AID matters
Disruptive technology
Tollbooth for enterprise LBS
$150M LBS enabler
22
LOC-AID Technologies
Location Matters™
Rip GerberPresident & CEO
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